Krystal, the Atlanta-based burger chain loved by late-night eaters across the Southeast, officially declared Chapter 11 bankruptcy protection in an attempt to restructure and deal with between $50 million and $100 million in outstanding debts. Founded in Chattanooga in 1932, the nation’s second oldest fast food chain moved its corporate headquarters to metro Atlanta in 2013. Financial difficulties have forced Krystal to close nearly 50 stores in recent months, but it still operates in 10 states and employs more than 6,500 workers. The bankruptcy hopefully isn’t the end for the South’s oldest fast-food chain, but it certainly has Krystal’s ship SINKING…
Atlanta paid deadbeat $910,00 for virtually no work
It’s outrageous that Atlanta taxpayers paid Foris Webb $910,000 for two years even though he produced little record any “work.” After reviewing invoices and emails, the Atlanta Journal-Constitution found he was supposed to be overseeing a petition calling for a vote on the Atlanta police/fire training center. Yet by the time the “consulting contract” was discovered and payments were being made, the center had opened, the referendum never occurred and petition signatures were forgotten. Mayor Andre Dickens and the City Council are blaming each other, but who issued this no-work contract to Webb? No one knows—for now. This incredible taxpayer rip off has Atlanta SINKING…
